Mathematics, 16.12.2020 08:20 kiwipitts8661
Need help ASAP!
Okay, so this is part of a Plato unit activity- please help. Seriously. There is a chart that goes with this that specifies gender and race, but I don't have it at the moment- my apologies.
1. What is the probability that client A, the newborn you're considering for a 30-year policy, lives to be 30? ( I think it's 0.998523)
2. What is the probability that client B, a 44 year old you're considering for a 20 year policy, lives to be 64? This is a conditional statement, I think, so it's easier to ask "What's the probability she turns 64 given she turns 44?"
3. What's the probability that client C, a 25 year old you're considering for a 30 year policy, lives to be 55? I'm pretty sure this one is 1, but again, I'm not sure.
4. What's the probability that client D, a 39 year old you're considering for a 20 year policy, lives to be 59? I think it's 0.9349. Please help, lol.
5. What's the probability that client E, a 68 year old you're considering for a 10 year policy, lives to be 78?
6. What's the probability that client F, a 53 year old yours considering for a 20 year policy, lives to be 73? Pretty sure it's 0.1897.
7. What's the probability that client G, a 18 year old you're considering for a 30 year policy, lives to be 48?
8. What's the probabilty that client H, an 80 year old you're considering for a 10 year policy, lives to be 90?
9. Last, what is the probability that all potential clients would be alive when the respective policies end?
Please please plaase help. Please.
Answers: 2
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Need help ASAP!
Okay, so this is part of a Plato unit activity- please help. Seriously. There is a...
Mathematics, 14.07.2020 20:01
Mathematics, 14.07.2020 20:01
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